Cetera Investment Advisers Has $144.88 Million Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Cetera Investment Advisers trimmed its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 4.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 673,811 shares of the exchange traded fund’s stock after selling 28,604 shares during the period. Cetera Investment Advisers owned about 0.23% of SPDR Gold Shares worth $144,876,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Trexquant Investment LP purchased a new stake in shares of SPDR Gold Shares in the fourth quarter worth approximately $371,000. Cornerstone Advisory LLC grew its stake in shares of SPDR Gold Shares by 9.7% in the 4th quarter. Cornerstone Advisory LLC now owns 2,205 shares of the exchange traded fund’s stock worth $422,000 after acquiring an additional 195 shares in the last quarter. ROI Financial Advisors LLC purchased a new stake in shares of SPDR Gold Shares in the fourth quarter valued at about $2,693,000. Edge Capital Group LLC lifted its position in shares of SPDR Gold Shares by 0.5% during the fourth quarter. Edge Capital Group LLC now owns 24,341 shares of the exchange traded fund’s stock valued at $4,653,000 after purchasing an additional 133 shares in the last quarter. Finally, Southeast Asset Advisors Inc. boosted its holdings in SPDR Gold Shares by 41.8% during the fourth quarter. Southeast Asset Advisors Inc. now owns 33,923 shares of the exchange traded fund’s stock worth $6,485,000 after purchasing an additional 10,000 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 0.8 %

Shares of GLD opened at $243.06 on Tuesday. The stock has a 50 day moving average of $231.33 and a 200 day moving average of $221.02. SPDR Gold Shares has a 12 month low of $168.30 and a 12 month high of $247.37.

About SPDR Gold Shares

SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares).